Org.nr 999 254 632 2021 → 2022 Year-over-year analysis

ABYSS GROUP AS: årsregnskap 2022 vs 2021

Grew 88% on revenue, stronger earnings, fresh owner capital

approved 2023-06-29; registry 2023-07-19; journal 2023 585355

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABYSS GROUP AS. Revenue 16.69m NOK → 31.45m NOK (+88.5%). Net result +21.3k NOK → +2.16m NOK. Equity 211.89m NOK → 268.45m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABYSS GROUP AS.

Scorecard

Revenue
16.69m NOK 31.45m NOK
+88.5%
Operating result
+122.7k NOK +433.7k NOK
+253.4%
Net result
+21.3k NOK +2.16m NOK
+10020.5%
Equity
211.89m NOK 268.45m NOK
+26.7%
Cash
87.3k NOK 111.66m NOK
+127750.4%
Total assets
238.03m NOK 419.31m NOK
+76.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.69m NOK to 31.45m NOK (+88.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +122.7k NOK → +433.7k NOK (op. margin 0.7% → 1.4%). Calculated

  • ↑

    Net result improved

    Net result +21.3k NOK → +2.16m NOK (net margin 0.1% → 6.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 211.89m NOK → 268.45m NOK (equity ratio 89.0% → 64.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 87.3k NOK → 111.66m NOK (+127750.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.40m NOK → 16.93m NOK (44% → 54% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 332.9k NOK → 622.7k NOK (+87.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 126.25m NOK → 260.22m NOK. Reported fact